Sisu's latest legal action over the Ricoh Arena will not affect the relationship between Coventry City FC and new landlords Wasps.

Wasps chief executive Nick Eastwood told the Telegraph he understood why the Sky Blues’ owners had decided to lodge fresh legal papers which challenge any renewed loan terms between Coventry City Council and stadium operator ACL – now fully owned by the rugby club.

Mr Eastwood said: “I hope it gets resolved. I don’t think it will affect the relationship between Wasps and Coventry City.

“We understand there is a difference between ownership and the management and people operating the football club day to day.

“If that is what they feel they have to do to protect the football club, then so be it.

“We have a fantastic relationship with Steve Waggott and Steve Brookfield at the football club and we know they are grateful for the new pitch.”

He added: “It is nothing to do with us. Basically we are aware that underneath everything we sort of know there is infinitesimal detail below that.

“I read the statement, and obviously they made us aware of what they planned to do before that, but I can’t really comment on what it means.”

Sisu has long maintained that a £14.4million loan to ACL from the local authority in 2013 amounted to ‘unlawful state aid’.

But that claim was thrown out by a High Court judge in the summer – although Sisu is attempting to appeal that judgment.

It is now understood to be pursuing a similar argument over any renewed loan agreement between ACL and the council following the sale of the Ricoh Arena to Wasps.

Sisu released a statement following the legal challenge which said: “This step has been taken as a precautionary measure to safeguard Coventry City FC’s position in relation to the outstanding legal appeal.

“We believe that some of the decisions the council has made were not taken in the best interests of Coventry taxpayers and had a seriously damaging effect on the club.

“Commercially, it is the right thing to do and is necessary to protect the club’s position as a tenant in Coventry.

“It also ensures that all the outstanding legal action reaches its natural conclusion.”